The following information is provided by Sayer Energy Advisors. All inquiries on the following listings should be directed to Sayer Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Goldenkey Oil ("Goldenkey") is offering for sale all of its oil and natural gas interests located in the Willesden Green, Belloy, and Nipisi areas, in addition to smaller interests in the Matziwin, Manir and Smoky areas of Alberta. This lot includes an estimated average daily production of 62 barrels per day (bbl/d) and 184 Mcf/d of natural gas (92 boe/d), as well as a potential income of $88,900 per month, or $1.1 million annualized. The asset value as of March 4, 2023 was $1.7 million. Goldenkey Oil has retained Sayer Energy Advisors as its exclusive advisor relating to the transaction. PwC Inc., LIT is the trustee of Goldenkey Oil.
![Goldenkey Oil bankruptcy](/sites/default/files/inline-images/Goldenkey%20Oil%20bankruptcy.png)
Asset Highlights:
- Avg. daily production for three months is an estimated 62 bbl/d, 184 Mcf/d of natural gas (92 boe/d).
- Income potential of $88,900 per month ($1.1 million annualized).
- Asset value as of March 4, 2023: $1.7 million.
Bids are due on June 1 at 12:00 p.m. For complete due diligence information on this property, please visit http://www.sayeradvisors.com/ or
contact Ben Rye, Sydney Birkett, or Tom Pavic by calling 403.266.6133.
Recommended Reading
Longevity in Mind, Utah FORGE and Partners De-risk Tech to Advance Geothermal
2024-06-26 - RESMAN Energy Technology used its chemical tracers for the first time in an enhanced geothermal setting during testing at Utah FORGE’s drilling site.
SLB, Ormat Technologies Form Geothermal Partnership
2024-06-25 - As part of the partnership, SLB also will license Ormat’s enhanced geothermal systems patent.
Energy Transition in Motion (Week of June 28, 2024)
2024-06-28 - Here is a look at some of this week’s renewable energy news, including plans for another offshore wind energy lease sale.
Fervo Executes Two Geothermal Agreements with Southern California Edison
2024-06-26 - The two 15-year power purchase agreements will provide carbon-free geothermal energy for the equivalent of 350,000 homes across Southern California.
Brewing Hydrogen: Cemvita’s Gold H2 Targets Commercialization
2024-06-19 - Under the right conditions, depleted oil reservoirs can be transformed into hydrogen producers, or subsurface biorefineries, Gold H2 CEO says.